| Date |
Weekly Market Review |
| Week of May 24, 2009 |
The lackluster number of economic announcements last week gave traders very little reason to send the financial markets higher. From a technical perspective, the nearby resistance from the 200-day moving averages seem to have spooked traders into questioning... |
| Week of May 17, 2009 |
The resistance from the nearby 200-day moving averages, which we've been noting over the past couple of weeks, seems to have spooked traders and has put the brakes on the recent rally. Traders are now wondering if this pause in upward momentum is the end of the rally or a brief period of... |
| Week of May 10, 2009 |
The results from the bank stress tests, which was the story of the week, came in much stronger than many were expecting. The positive results helped fuel the best stretch of weekly gains the markets have seen in a decade. Given the results from the tests, it was no surprise to see the financial sector lead ... |